middle.news

Credit Corp Boosts FY27 Earnings Guidance with HSBC Credit Card Book Acquisition

8:15am on Friday 21st of August, 2026 AEST Financial Services
Read Story

Credit Corp Boosts FY27 Earnings Guidance with HSBC Credit Card Book Acquisition

8:15am on Friday 21st of August, 2026 AEST
Key Points
  • Binding agreement to acquire HSBC's Australian credit card run-off book
  • Transaction valued at approximately A$150 million, subject to regulatory approval
  • FY27 PDL acquisitions guidance raised by up to A$100 million
  • NPAT guidance increased to A$112-120 million, reflecting 10% growth on FY26
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Credit Corp (ASX:CCP)
OPEN ARTICLE